Discussion Forums

Re: clOrdId vs OrdId
girish kumar / HCL Technologies Ltd. <>
21 Jul 2008 1:37AM ET

> > > Hi all, I have some doubt over clOrd and OrdId. I know that clOrdId
> > > is a unique id assigned by buy-side while the later is assigned by
> > > sell- side. But I want to know is there any relation between these
> > > two, because from the dataset we have, I found that:
> > > 1. First buy side send an order msg with a clOrdId, and then sell
> > > side replies with same clOrdId and same id is also used for
> > > ordId. Is this a rule, a convenient custom or just a coincidence?
> > >
> > > 2. Throughout a chain of orders, like order, canceling the same
> > > order, or replacing the same order, ordId remains the same, but
> > > clOrdId changes for order-cancel, replace. Gain is this a rule?
> > >
> > > Thanks,
> >
> >
> > Hi,
> >
> > The client order ID ie Tag 11 is completly different than that of the
> > order ID Tag 37 which is given by broker.
> >
> > The broker uses different order ID when he sends back the execution on
> > the order. It will not be same as the orginal client order ID.
> >
> > Regards, Girish
> Thanks girish, but for the dataset I have, broker used the clOrdId sent
> by customer as ordId also in its execution report.

Hi

Can you please provide me the logs were we can see that broker is sending same value in TAG 11 and Tag 37 in the execution report.
because according to fix these order ID are unique and cannot be duplicated.

Thanks.


clOrdId vs OrdId
deepak nayak / home   20 Jul 2008 11:31PM ET
Re: clOrdId vs OrdId
girish kumar / HCL Technologies Ltd.   21 Jul 2008 12:54AM ET
Re: clOrdId vs OrdId
deepak nayak / home   21 Jul 2008 1:17AM ET
Re: clOrdId vs OrdId
Harish Kamaley / Wipro Technologies Ltd   21 Jul 2008 1:21AM ET
Re: clOrdId vs OrdId
girish kumar / HCL Technologies Ltd.   21 Jul 2008 1:37AM ET
Re: clOrdId vs OrdId
Sunil Singh / Goldman Sachs   21 Jul 2008 8:25AM ET
Re: clOrdId vs OrdId
hammad malik / MIXIT Inc   23 Sep 2009 11:09AM ET